Rab Microfluidics Research And Development Company Limited

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rab microfluidics research and development company limited Company Information

Company Number

SC541536

Next Accounts

May 2025

Directors

Oluwarotimi Alabi

Kevin Hobbs

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Shareholders

oluwarotimi alabi

scottish enterprise

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Group Structure

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Industry

Other research and experimental development on natural sciences and engineering

Registered Address

75 beech manor, stoneywood, aberdeen, AB21 9AZ

Website

rab-microfluidics.co.uk

rab microfluidics research and development company limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED at £1.5m based on Net Assets of £820.6k and 1.86x industry multiple (adjusted for liquidity).

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Rab Microfluidics Research And Development Company Limited is a live company located in aberdeen, AB21 9AZ with a Companies House number of SC541536. It operates in the research and experimental development on biotechnology sector, SIC Code 72110. Founded in August 2016, it's largest shareholder is oluwarotimi alabi with a 24.4% stake. Rab Microfluidics Research And Development Company Limited is a young, small sized company, Pomanda has estimated its turnover at £1m with high growth in recent years.

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Pomanda's financial health check has awarded Rab Microfluidics Research And Development Company Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

3 Regular

5 Weak

Size

annual sales of £1m, make it smaller than the average company (£3.8m)

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (8.7%)

EXPORT

Rab Microfluidics Research And Development Company Limited's latest turnover from August 2023 is estimated at £1 million and the company has net assets of £820.6 thousand. According to their latest financial statements, Rab Microfluidics Research And Development Company Limited has 12 employees and maintains cash reserves of £259.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017
Turnover	1,046,404	713,881	482,331	654,235	613,579	637,082	61,360
Other Income Or Grants
Cost Of Sales	517,223	359,866	243,763	327,649	304,928	318,813	30,279
Gross Profit	529,181	354,015	238,568	326,586	308,651	318,269	31,082
Admin Expenses	1,533,548	1,161,563	944,466	454,152	368,865	180,685	36,372
Operating Profit	-1,004,367	-807,548	-705,898	-127,566	-60,214	137,584	-5,290
Interest Payable
Interest Receivable	46,977	17,654	244
Pre-Tax Profit	-957,390	-789,894	-705,654	-127,566	-60,214	137,584	-5,290
Tax						-26,141
Profit After Tax	-957,390	-789,894	-705,654	-127,566	-60,214	111,443	-5,290
Dividends Paid
Retained Profit	-957,390	-789,894	-705,654	-127,566	-60,214	111,443	-5,290
Employee Costs	828,847	869,869	645,982	502,199	552,516	361,225	53,801
Number Of Employees	12	13	10	8	9	6	1
EBITDA*	-992,925	-798,728	-705,898	-127,566	-60,214	137,584	-5,290

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017
Tangible Assets	84,652	30,128	28,526	20,732	18,369	3,391	1,325
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	84,652	30,128	28,526	20,732	18,369	3,391	1,325
Stock & work in progress	352,487	169,120	2,124
Trade Debtors		631	3	61,176	62,389	123,225	4,337
Group Debtors
Misc Debtors	267,452	240,869	131,005		41,684
Cash	259,338	1,530,274	487,313
misc current assets	19					3,346
total current assets	879,296	1,940,894	620,445	61,176	104,073	126,571	4,337
total assets	963,948	1,971,022	648,971	81,908	122,442	129,962	5,662
Bank overdraft
Bank loan
Trade Creditors	71,640	53,958	29,507	137,335	45,328	23,809	10,952
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities	60,464	97,286	62,707
total current liabilities	132,104	151,244	92,214	137,335	45,328	23,809	10,952
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities	11,268	41,812	15,421	26,200	31,175
provisions
total long term liabilities	11,268	41,812	15,421	26,200	31,175
total liabilities	143,372	193,056	107,635	163,535	76,503	23,809	10,952
net assets	820,576	1,777,966	541,336	-81,627	45,939	106,153	-5,290
total shareholders funds	820,576	1,777,966	541,336	-81,627	45,939	106,153	-5,290

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017
Operating Activities
Operating Profit	-1,004,367	-807,548	-705,898	-127,566	-60,214	137,584	-5,290
Depreciation	11,442	8,820
Amortisation
Tax						-26,141
Stock	183,367	166,996	2,124
Debtors	25,952	110,492	69,832	-42,897	-19,152	118,888	4,337
Creditors	17,682	24,451	-107,828	92,007	21,519	12,857	10,952
Accruals and Deferred Income	-36,822	34,579	62,707
Deferred Taxes & Provisions
Cash flow from operations	-1,221,384	-1,017,186	-822,975	7,338	-19,543	5,412	1,325
Investing Activities
capital expenditure	-65,966	-10,422	-7,794	-2,363	-14,978	-2,066	-1,325
Change in Investments
cash flow from investments	-65,966	-10,422	-7,794	-2,363	-14,978	-2,066	-1,325
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities	-30,544	26,391	-10,779	-4,975	31,175
share issue		2,026,524	1,328,617
interest	46,977	17,654	244
cash flow from financing	16,433	2,070,569	1,318,082	-4,975	31,175
cash and cash equivalents
cash	-1,270,936	1,042,961	487,313
overdraft
change in cash	-1,270,936	1,042,961	487,313

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for rab microfluidics research and development company limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in AB21 area or any other competitors across 12 key performance metrics.

RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED group structure

Rab Microfluidics Research And Development Company Limited has no subsidiary companies.

Ultimate parent company

RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED

SC541536

RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED Shareholders

oluwarotimi alabi	24.4%
scottish enterprise	24.01%
kcp nominees ltd	9.98%
mnl nominees limited	8.97%
kcp nominees (newable) ltd	5.84%
kcp nominees (2) limited	5.53%
olukayode ogunyoye	3.75%
stephen alan bowden	1.13%
colin temple	0.98%
keith ashworth	0.96%

Rab Microfluidics Research And Development Company Limited currently has 5 directors. The longest serving directors include Dr Oluwarotimi Alabi (Aug 2016) and Mr Kevin Hobbs (May 2019).

officer	country	age	start	end	role
Dr Oluwarotimi Alabi	United Kingdom	39 years	Aug 2016	-	Director
Mr Kevin Hobbs		60 years	May 2019	-	Director
Mr Richard Cooper	Scotland	69 years	Dec 2020	-	Director
Mr Christopher Staveley	United Kingdom	59 years	Jan 2023	-	Director
Mr Michael O'Sullivan	United Kingdom	58 years	Dec 2023	-	Director

P&L

August 2023

turnover

+47%

operating profit

-1m

gross margin

50.6%

+1.98%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2023

net assets

820.6k

-0.54%

total assets

963.9k

-0.51%

cash

259.3k

-0.83%

net assets

Total assets minus all liabilities

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company number

SC541536

Type

Private limited with Share Capital

industry

72190 - Other research and experimental development on natural sciences and engineering

72110 - Research and experimental development on biotechnology

incorporation date

August 2016

ultimate parent company

None

previous names

N/A

address

75 beech manor, stoneywood, aberdeen, AB21 9AZ

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

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rab microfluidics research and development company limited Company Information

rab microfluidics research and development company limited Estimated Valuation

rab microfluidics research and development company limited Estimated Valuation

rab microfluidics research and development company limited Estimated Valuation

Rab Microfluidics Research And Development Company Limited Overview

Rab Microfluidics Research And Development Company Limited Health Check

RAB MICROFLUIDICS RESEARCH AND DEVELOPMENT COMPANY LIMITED financials

rab microfluidics research and development company limited Credit Report and Business Information

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rab microfluidics research and development company limited Ownership

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